Finding the Male Tennis Stars in China Presented by Jonathan Fein.
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Transcript of Finding the Male Tennis Stars in China Presented by Jonathan Fein.
Finding the Male Tennis Stars in ChinaPresented by Jonathan Fein
Overview
Chinese Men vs. WomenThe ProblemThe ProgramUnder ArmourThe Chinese MarketThe Cost
The Chinese Men
No grand slam quarterfinal appearancesNo player ranked in the top 100 ATP Rankings
Shao-Xuan Zeng is the highest ranked men’s player
367
The Chinese Women
Unprecedented success3 grand slam semifinal appearances in singles2 grand slam doubles titles1 Olympic gold medal in doubles
The Golden Flowers: Zheng Jie (left) and Li Na (right)
Minor Changes
The need for better teachingThe need for greater freedomStill must stay true to the Chinese system Michael Chang
The Program
A 3 month summer program10 youth players (ages 8-10)2 Chinese coaches (one must be fluent in English)
Why Bollettieri tennis?The alumniThe coachesThe experience
Under Armour Generates over $700,000,000 in annual revenue
Only 4.6% of net sales from outside the U.S. and Canada
China:Population: 1,338,612,968The “Yao Ming effect”
Under Armour Tennis
Sponsors two players currently in the top 101 ATP Rankings
ATP Rankings Player Apparel Sponsor1 Roger Federer Nike2 Novak Djokovic Adidas3 Andy Murray Adidas4 Rafael Nadal Nike5 Juan Martin Del Potro Nike6 Nikolay Davydenko Airness7 Andy Roddick Lacoste8 Robin Soderling Lotto9 Jo-Wilfred Tsonga Adidas10 Marin Cilic Fila41 Igor Andreev Under Armour
101 Robby Ginepri Under Armour
Impact of Trust on Brand Loyalty
“Do not sacrifice long-term positioning for short-term gains”
Under Armour must maintain its premium image
Study the Li Ning company
The Chinese Market
*Consumers below 32 years of age in China
TrustOther Factors
25%
75%
The Cost
The academy $21,360/personRoundtrip airfare $1,364/personMiscellaneous expenses $500/person
Under Armour apparelSpending money
Trip to China (by UA) $5,000Total cost (12 participants) $283,688
此关必守 ! - We Must Protect this House!
The Rate of Sports Participation by Ages (2000)
0
20
40
60
80
16-25 26-35 36-45 46-55 56-65 Over65
Age
Part
icip
ati
on
%
Sports Participation in China
http://www.metromodemedia.com/images/Features/Issue%2036/china-flag-boy.jpg
http://dawnofanewera.files.wordpress.com/2009/04/tennis-ball.jpg
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http://media.bestofmicro.com/,9-J-193447-3.jpg
http://img2.menstennisforums.com/721/8622729shaoxuan.jpg
http://www.topnews.in/sports/files/Zheng%20Jie%20and%20Li%20Na.jpg
http://tennisworld.typepad.com/photos/uncategorized/chang.jpg
http://www.facebook.com/video/?id=49137426011
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http://newsimg.bbc.co.uk/media/images/44709000/jpg/_44709248_ginepri_ap_416.jpg
http://www.mosnews.com/photos/86/1086_400x300.jpg
http://www.google.com/finance?q=NYSE:UA&fstype-ii
http://www.wikinvest.com/stock/Under_Armour_(UA)
http://seekingalpha.com/article/57048-building-brand-loyalty-in-china
http://www.youtube.com/watch?v=n-KUNWb4rxM
http://www.atpworldtour.com/Rankings/Singles.aspx
http://www.imgacademies.com/nick-bollettieri-tennis-academy/programs-prices/
http://www.kayak.com (Beijing to Bradenton)
http://irs.sagepub.com/cgi/reprint/42/4/441
Sources